Sparton Resources Reprices 4.2 Million Incentive Options to $0.05 Per Share

Reuters00:02
Sparton Resources Reprices 4.2 Million Incentive Options to $0.05 Per Share

Sparton Resources Inc. has approved the issuance of 4,200,000 incentive stock options to its Directors, Officers, and Consultants effective December 12, 2025. These options vest immediately and allow holders to purchase one common share at a new price of $0.05 per share for a period of three years, until December 12, 2028. The previous options outlined in the December 12, 2025 news release have been cancelled and replaced with these newly repriced options.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sparton Resources Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9616059-en) on December 22, 2025, and is solely responsible for the information contained therein.
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